# LPC Realty Advisors I, LLC

> LPC Realty Advisors I, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 1992, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 112175
- Filed as: LPC REALTY ADVISORS I, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/112175
- AdvisorCensus page: https://advisorcensus.com/firm/lpc-realty-advisors-i-llc-chicago-il-112175

## Quick answers

**How is LPC Realty Advisors I, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), LPC Realty Advisors I, LLC reports these compensation arrangements: performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is LPC Realty Advisors I, LLC located?**
LPC Realty Advisors I, LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is LPC Realty Advisors I, LLC registered with the SEC or a state?**
LPC Realty Advisors I, LLC is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 112175.

**How much does LPC Realty Advisors I, LLC manage?**
LPC Realty Advisors I, LLC reports $1,649,942,076 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (0% discretionary).

**How have LPC Realty Advisors I, LLC's assets and staff changed since 2021?**
In the Form ADV data for LPC Realty Advisors I, LLC: Regulatory assets under management: $1,940,585,561 in the October 2021 data and $1,649,942,076 in the October 2026 data, down 15%. Total employees: 8 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Does LPC Realty Advisors I, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/112175

**What changed in LPC Realty Advisors I, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,858,227,878 to $1,649,942,076 (-11%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $1,649,942,076
- Discretionary: $0
- Non-discretionary: $1,649,942,076

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $1,649,942,076 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1992 (34 years)
- Employees: 9 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lincolnadvisors.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,940,585,561 | 8 | March 30, 2021 |
| October 2022 | $1,721,968,053 | 10 | March 25, 2022 |
| October 2023 | $2,485,965,801 | 9 | August 7, 2023 |
| October 2024 | $2,143,771,064 | 9 | March 21, 2024 |
| October 2025 | $1,858,227,878 | 9 | July 23, 2025 |
| October 2026 | $1,649,942,076 | 9 | March 23, 2026 |

Regulatory assets under management: $1,940,585,561 in the October 2021 data and $1,649,942,076 in the October 2026 data, down 15%.
Total employees: 8 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,858,227,878 to $1,649,942,076 (-11%).

### January 2026
- No longer registered or notice-filed in TX.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. LPC Realty Advisors I, LLC (CRD 112175): Form ADV filing data as of October 2026.